In my opinion, It is not always accurate to say that buying cheap is always the best formula. My reasoning is because the value of any asset can fluctuate based on various factors such as market demand, supply and overall economic conditions.
While it is true that Bitcoin has experienced significant price increases in the past, it is important to remember that past performance does not guarantee future results. The cryptocurrency market is highly volatile, and it is important to conduct thorough research and analysis before making any investment decisions.
Topic: Buying cheap is best formula - page 8. (Read 1069 times)
we cannot say that this price is low or high because the bitcoin increases every year more than previous one. as we compared bitcoin beyond 2015 so we can see that the price was not such high aa in 2023 so we can say that bitcoin changes in worth but it again attain the higher cost as the time passes.
Now if you can buy bitcoin so do it soon and you will see that after four or five years the bitcoin price will be double than this or may be more than double. The best time to buy is when market situation are harsh so therefore buying will be better.
People are afraid of lowering bitcoin price but is is the opportunity for those who have not yet make investment in Bitcoin and wants to do it. But those who have already invest money in Bitcoin should remember that this harsh time will passes so just keep holding you will surely return your money back in increase amount.
Now if you can buy bitcoin so do it soon and you will see that after four or five years the bitcoin price will be double than this or may be more than double. The best time to buy is when market situation are harsh so therefore buying will be better.
People are afraid of lowering bitcoin price but is is the opportunity for those who have not yet make investment in Bitcoin and wants to do it. But those who have already invest money in Bitcoin should remember that this harsh time will passes so just keep holding you will surely return your money back in increase amount.
Buying at a low price is everyone's hope, but this is not as easy as we imagine
It is true and false at the same time
With bitcoin you can see every price that trades a lot under the last ATH as a cheap price. This is because in the past the last ATH was always broken, so buying before would always end up in a profit. What we dont know is if this will continue, with rising interest rates and changing economy. 
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is really because it always occurs this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Buying the deep has always been the most pronounced Bitcoin purchasing model, this is because the risk is low at the bottom and the chances for quick profits are high at that level, even though this is not investment advice but it is close to being 100& guarantee of no risk and only rewards. If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is really because it always occurs this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
-Take for instance, those who bought bitcoin when it was a few cents a couple of years ago, will forever be grateful for making that decision at that time because the net profits have amassed a lot.
Buying at a low price is everyone's hope, but this is not as easy as we imagine because sometimes what we think is the cheapest price turns out not long after that the price drops again and becomes cheaper than the previous price.
the market is not easy to predict because whatever happens is caused by some factors that we never know before, and the right choice for crypto especially bitcoin doing long term is the best choice. And buying incrementally on each dips is a smart move and not buying all at once as bitcoin price is not easy to predict, do DCA on each continuous dips and increase your buys and reduce back when the price starts to rise to half the previous high and hold it for long term .
the market is not easy to predict because whatever happens is caused by some factors that we never know before, and the right choice for crypto especially bitcoin doing long term is the best choice. And buying incrementally on each dips is a smart move and not buying all at once as bitcoin price is not easy to predict, do DCA on each continuous dips and increase your buys and reduce back when the price starts to rise to half the previous high and hold it for long term .
Why would you buy half a bitcoin now if you can buy it several times while the price is correcting? But if that's your decision, you should really watch the price and only buy when the price is at low price. And it's not easy to determine the lowest bitcoin price because our predictions and analysis can never follow where the bitcoin price will move.
But if you can buy bitcoins when the price is corrected, you can buy more bitcoins for the same amount of money because, with the drop in price that occurs, you get the advantage of buying more bitcoins. And if the price goes up for a while and goes down again at the same price you bought, you get a second chance to buy bitcoin at that low price. It will provide another advantage for you in the future.
But if you can buy bitcoins when the price is corrected, you can buy more bitcoins for the same amount of money because, with the drop in price that occurs, you get the advantage of buying more bitcoins. And if the price goes up for a while and goes down again at the same price you bought, you get a second chance to buy bitcoin at that low price. It will provide another advantage for you in the future.
Knowing when to buy is the best formula for me, if you have knowledge when to buy, when to exit, how much you will put and many more basic informations, you can easily earn money through price appreciation but that formulat is not easy to get. You need to spend hundreds of hours (days) in order for you to acquire that kind of knowledge. People easily think that they can make money by buying at lows without knowing if it is the low and without basic understanding regarding about price structure. If you spend on acquiring knowledge, everything will be easy. You can easily find opportunities in the market that can help you to build and create your own wealth.
My advice is try to spend 1 hour every single day and commit to get knowledge regarding technical analysis because it can help you to acquire positions in the perfect and right time. I also suggest that you should avoid putting your money in futures because your account can be burnt easily if you have leverage even if you by in cheap price. Remember once you take a leverage, there is a probability that your account get liquidated do I advice that you should start investing without leverages.
My advice is try to spend 1 hour every single day and commit to get knowledge regarding technical analysis because it can help you to acquire positions in the perfect and right time. I also suggest that you should avoid putting your money in futures because your account can be burnt easily if you have leverage even if you by in cheap price. Remember once you take a leverage, there is a probability that your account get liquidated do I advice that you should start investing without leverages.
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
We all know that we should buy bitcoin when its prices are low but usually in these bear times people wait for more lower prices and therefore they fail to buy bitcoin. No one can find the ultimate bottom so in my opinion we can use the dollar cost averaging method (DCA) in which you will buy bitcoin periodically and not buy once at any particular price.
If you want to buy half a bitcoin, do not buy all of it at once. Buy 20% of it at current market price and keep buying some amounts weekly and monthly. In this way, you will get a better average bitcoin buying price.
There is no such thing as exact timing if you want to buy Bitcoin. This was a major topic back then as to what price is the specific buying price for bitcoin, and as usual we will keep telling you to buy as much as you want and hold as long as you need to. Data from research also shows that most of the gainers are those who invested without minding the price and kept buying over and over. In a long run time will only tell how much you've gain, but it is already a sure way for profit.
You are wasting time if you keep waiting for Bitcoin to drop in value before you can buy, we are in a bear market so why are you waiting? If you don't buy now you will fomo into bitcoin when the bull market is getting started or already start, bear markets are meant for us to create opportunity, buy and hold then make gains in a bull market.
- While bitcoin is currently rallying in value, most other cryptos are red in the market, and others are just at ease.
So I think it's a good opportunity to buy cryptos now while the market is kicking up its value. Like shib Inu, and so on. This is just from my point of view which I think is okay as an investment in the long term.
So I think it's a good opportunity to buy cryptos now while the market is kicking up its value. Like shib Inu, and so on. This is just from my point of view which I think is okay as an investment in the long term.
the best formula is actually to recognize the tick when bitcoin is cheap, but that moment needs to be recognized. I'm afraid it's much more complicated than what you tried to write in two sentences.
I've been in this for quite a long time, and I don't think it's possible to make a parallel based on the movement of values in relation to a period of time. they are all coincidences and there is always a need for some significant event that will cause major movements.
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
I've been in this for quite a long time, and I don't think it's possible to make a parallel based on the movement of values in relation to a period of time. they are all coincidences and there is always a need for some significant event that will cause major movements.
This is a true case and the same sort of thing is happening to me. I have learned crypto the slowest way possible but it benefited me over time and now I am having a good amount of savings in my ledger. I am not only earning from the forum, but I am having multiple income sources when it comes to bitcoin. Whether it is my job salary share, or it's my micro-task website earnings I am always trying to increase that number and trying not to sell anything.
Initially, I was not able to save at all! Literally, anything came to me, it was sold for fiat and used on daily expenses (or weekend parties). However, soon bitcoin started showing it's true color when it hiked on multiple occasions. That was the time point when it struck me, selling is not a good idea at all. There, you will automatically start saving some chunk of the bitcoin and benefit over time.
So whether you have money and you don't have money, those are just reasons.
Well, the truth is that those who buy potential coins at cheap prices have a bigger chance to earn more than those who come during the bull season.
Not only it was the best formula but it was the most genuine strategy that never I found become obsolete in the future. But it was not just we buy at cheap prices, we also need to learn how to wait and extend our patience as the market won't give us an easy way to earn money.
And of course, we need to analyze the market trend and make a decision from it - when to buy and when to sell.
unfortunately, for beginners who are just coming and getting to know the crypto market. they always want to buy and own assets immediately. of course, more of them are attracted to the market because of the news or friends' stories because the market is being bull. that's what makes the cheap buying strategy difficult for beginners. they won't know the cheapest price of the asset they want to buy.Not only it was the best formula but it was the most genuine strategy that never I found become obsolete in the future. But it was not just we buy at cheap prices, we also need to learn how to wait and extend our patience as the market won't give us an easy way to earn money.
And of course, we need to analyze the market trend and make a decision from it - when to buy and when to sell.
for those who are experienced in the crypto market, of course, it won't be a problem. but for those who are new, especially those who came because of the hype. they have to be careful, to begin with.
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Buying cheap and selling high is the real formula of Bitcoin. There is no doubt about this, but there is always some kind of difficulty in knowing where exactly is the low price in order to buy cheap. If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
And also it is not always easy to know where there is the highest price in order to sell and make profits.
Some people will still not sell their bitcoin even when they make X10 and they will believe that bitcoin will explode the more. In the process of waiting it may begin to decline in price.
However, I am not very sure that bitcoin will increase in the next three months to the level of doubling or tripling.
In investing, buy low sell high is the general formula, not just bitcoin, this formula can be applied to all financial markets. But you're right, it's extremely difficult to pinpoint where the low price to buy is, and there's no guarantee that bitcoin will continue to double over the next 3 months. The effective way to get a return on investment in bitcoin is a long-term investment and DCA every time we have money, by long-term accumulation and holding, we will get the best return. Don't wait for the lowest price to buy because we won't know until it's past.
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
I don't think that anybody that's really interested in Bitcoin and has taken the time to look at the market as you have mentioned shouldn't be advised on what to do as to have invested in Bitcoin when it went down to almost $15k and I do think Investment should actually be the word since you intend to hodl for a long term. If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Well, the truth is that those who buy potential coins at cheap prices have a bigger chance to earn more than those who come during the bull season.
Not only it was the best formula but it was the most genuine strategy that never I found become obsolete in the future. But it was not just we buy at cheap prices, we also need to learn how to wait and extend our patience as the market won't give us an easy way to earn money.
And of course, we need to analyze the market trend and make a decision from it - when to buy and when to sell.
Not only it was the best formula but it was the most genuine strategy that never I found become obsolete in the future. But it was not just we buy at cheap prices, we also need to learn how to wait and extend our patience as the market won't give us an easy way to earn money.
And of course, we need to analyze the market trend and make a decision from it - when to buy and when to sell.
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
Buying cheap and selling high is the real formula of Bitcoin. There is no doubt about this, but there is always some kind of difficulty in knowing where exactly is the low price in order to buy cheap. If I have money now, I would buy half of bitcoin because in next three months it will double the current price. This is real because it always occur this way after 5 years remember in 2011 and 2017 from the market charts and caps. And this year will break more even.
And also it is not always easy to know where there is the highest price in order to sell and make profits.
Some people will still not sell their bitcoin even when they make X10 and they will believe that bitcoin will explode the more. In the process of waiting it may begin to decline in price.
However, I am not very sure that bitcoin will increase in the next three months to the level of doubling or tripling.
Anything that we buy for cheap is the best thing that we can do with our money, it's never too late to buy crypto especially Bitcoin. We always try to buy crypto as cheaply as we can but while we're waiting we already miss the train that we never get that price again in the future. Keep accumulating while the price is in discount and hold for the long term don't ever easily get FUD from other people.
It's best to buy Bitcoin at a cheap price because that's the way we can make a profit from Bitcoin. But we don't know if it's the cheap price of Bitcoin or maybe it's too expensive to buy. So it's ideal to have rules and plan for your purchase that matches your Market Analysis, technically or fundamentally so you can say that it is still cheap. Some people will say that even though the price of Bitcoin is at its peak, which indicates that there is not much demand, but they will still buy because it is still cheap. Because their expectation is that the price will reach $100k, so we can say that it is cheap. But because we are new, we can't control our emotions, as long as we don't have rules and a plan, it's possible to cause panic that it might go down a lot so we just sold it below the buying price. So it is not good to enter directly in the market with that reason.
The price of BTC is unlikely to double in the next 3 months. Well-known analysts predict reaching and fixing at $30k by the middle or end of the year.
But you should still buy some BTC at any time if you’re so optimistic.
You never can tell, no one predict the market. It is possible in the next 3 month bitcoin can get to a high price which you never expected. Take a look at the market some weeks ago, bitcoin was around $22k but currently it is around $28 and if you should think about the price as at last week you won't believe it can get to this price in few days. But you should still buy some BTC at any time if you’re so optimistic.
The best thing investing bitcoin is never to predict the price but to invest as much that you can afford according to your income and wait for that price which you crave for.
This period do not encourage trading or investment but at the same time when price is down is good opportunity to buy cheap and when its explode you will gain it. Nothing is lost in bitcoin, those holding for long now are the great benefactors but if you buy this period is more safer.
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Anything that we buy for cheap is the best thing that we can do with our money, it's never too late to buy crypto especially Bitcoin. We always try to buy crypto as cheaply as we can but while we're waiting we already miss the train that we never get that price again in the future. Keep accumulating while the price is in discount and hold for the long term don't ever easily get FUD from other people.
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